Auto Supplier Opens $50M Plant in Monroe
- Feb 23, 2015
By Adrian Maties, Associate Editor
Last year, UGN, an automotive industry supplier, announced plans to develop a manufacturing plant in Monroe, 30 miles north of Cincinnati. Those plans have come to fruition with the completion of the $50 million project this month.
The 206,400-square-foot plant is UGN’s seventh in the United States. It has 18,000 square feet office space and almost 190,000 square feet of space for manufacturing, with room for an additional 150,000-square-foot expansion. The project was developed by IDI/Gazeley and constructed by the Paul Hemmer Co. KZF Design served as architect and structural engineer of record.
In the fall of 2013, Tinley Park, Ill.-based UGN announced it had narrowed down its list of possible locations for a new plant to Ohio and Indiana. The company chose Monroe in part because of its close proximity to two of its biggest customers, Toyota and Honda. To help land the project, the Ohio Tax Credit Authority approved a 65 percent, nine-year job creation tax credit. As part of the deal, UGN must keep its operations in Monroe for at least 12 years.
The project is expected to create 150 new jobs and generate more than $7 million in annual wages and payroll. UGN said it will add positions in the new plant in phases.
Photo credit: KZF Design